Recession

108,109 Views | 1478 Replies | Last: 1 day ago by boognish_bear
FLBear5630
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whiterock said:

FLBear5630 said:

whiterock said:

Realitybites said:

boognish_bear said:




This actually explains the proliferation of PhD level degrees in academia. Follow the tuition dollars.

"subsidize something and you will get more of it."

The degree programs were not chasing market driven demand. They were chasing federal dollars. Degree programs thus proliferated to consume dollars exactly the same Parkinson's law dictates that the job expands to fill the time allowed. And the process was hijacked beyond the pseudo-intellectual and squarely into ideological indoctrination.

I can't tell you how many times I have heard professors, to include business school professors, rather irritably reject the notion that they have any responsibility whatsoever to teach to socio-economic need. They insist their job is to build minds, not to prepare students for careers.



You do realize that every item on that list are advanced, complex subjects.

Do you really want someone designing a bridge or rehabbing your knee with a Bachelors degree level of knowledge?

I have Meniere's Disease and have to see an Audiologist, I do not want some 2 year tech school person measuring my vestibular system.

Don't we want better trained people? Engineering Masters? Who do you think works on Advanced Tech. Look at the number of people working on AI with only Bachelors??

I don't get you guys. You praise the AI push and then say that it is great that we will no longer look at Engineering Advanced degrees as Professional. Do you think things through or just react to memes?

You must be responding to someone else.

A major reason we have so many unemployed kids with hundreds of thousands of dollars of students is because universities invented so many useless degrees, particularly in the social sciences to create ever more pathways for kids to use student loans available on demand. The academic side of the university is saying "we know what your kids need from a university education, and we are the experts on that, so quit pointing to data and markets and the debt/unemployment of our graduates and leave us the hell alone."

The premise is that a college degree makes one more valuable to society.
Is it working out that way? (nope)
The arrogance of the intelligentsia is a major reason why.



Don't disagree with the degree choices. The scary part is the condemning of advanced education as not being worth it. We need more technical degrees in health care, engineering, technology, and hundreds of related degrees. We need to incentivize those degrees. Trump is not hitting his AI dreams with plumbers and electricians. We are setting national goals that require advanced education where do they come from? We import them? How safe is that?

Do we need more ethics? No, we can probably do fine with the normal amount of liberal arts and business. But, do we want to be a nation of plumbers and vo-tech workers moving into a highly technical world advancing everyday?
boognish_bear
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A glimpse into our future?

boognish_bear
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boognish_bear
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whiterock
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boognish_bear said:



Inflation services debt……
muddybrazos
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whiterock said:

boognish_bear said:



Inflation services debt……

Ah, so its ok for the govt to spend endless trillions bc they can inflate the currency to the detriment of we the taxpayers. And you think btc is a fiat, I'll take my chances with btc.
boognish_bear
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boognish_bear
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This can't be right? Almost half?

boognish_bear
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